NetEase.com Inc. stock trades under the ticker NTES & has shown recent bullishness that traders & investors should research further into.
NTES stock closed at $92.43/share on 8/15/2022.
NetEase.com Inc. NTES Stock’s Technical Performance Broken Down
NTES Stock Price: $92.43
10 Day Moving Average: $90.36
50 Day Moving Average: $93.93
200 Day Moving Average: $96.14
RSI: 51.47
MACD: -0.575
Yesterday, NTES stock completed a bullish MACD crossover, completing a fourth consecutive day of gains.
Their recent trading volumes have been below average compared to the year prior, and their RSI is neutral, signaling that there is uncertainty about the value of NTES stock still in this environment.
They have support at $92.27 & $91.98/share, as they try to break out above the $93.27 & $93.85/share resistance levels.
NetEase.com Inc. NTES Stock As A Long-Term Investment
Long-term oriented investors will like NTES stock’s 24.58 P/E (ttm), but may find their 4.16 P/B (mrq) to be a bit rich.
They recently reported 14.8% Quarterly Revenue Growth Y-o-Y, with -1% Quarterly Earnings Growth Y-o-Y.
Their balance sheet looks great, with $102.5B of Total Cash (mrq) & $25.85B of Total Debt (mrq).
NTES stock pays an 8.17% dividend yield, which appears sustainable in the long-run as their payout ratio is 29.73%.
17.56% of NTES stock’s outstanding share float is owned by institutional investors.
NetEase.com Inc. NTES Stock As A Short-Term Trade Using Options
Short-term oriented traders can use options to profit from NTES stock’s price movements, while shielding their portfolio from broader market volatility.
I am looking at the contracts with the 9/16 expiration date.
The $90, $85 & $80 call options are all in-the-money, with the former being more liquid than the latter two strike prices.
The $95, $100 & $105 puts are also all in-the-money, listed from highest to lowest levels of open interest.
Tying It All Together
NTES stock offers many interesting opportunities for traders & investors alike.
Investors will like their dividend yield & healthy balance sheet.
Traders will like the liquidity of their options & their recent technical performance.
All-in-all, it is worth taking a closer look into NTES stock to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES OF NTES STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***